Neotis Achieves 68.7 Billion Won in Sales and 7.8 Billion Won in Operating Profit... Benefits from Advanced PCB Demand in Full Swing
Neotis, a specialist in micro-bits for PCB processing, announced on the 20th that its consolidated operating profit for last year was 7.8 billion won, up 144.8% from a year earlier. During the same period, consolidated sales came to 68.7 billion won, an increase of 26.5% from the previous year.
The company cited the increase in high-layer, high-density PCBs driven by the spread of AI high-performance semiconductors as the main driver of this performance growth. It explained that demand for micro-bits used in PCB via-hole processing has surged, leading to a sharp rise in sales in the related segment, and that the expansion in demand for high-precision, high-durability products has also contributed to the improvement in results.
As PCB multilayering progresses, the structural volume of micro-bit usage increases, and as processing becomes more difficult, the wear rate and replacement cycle both become shorter. As a result, demand is expanding not only in terms of simple volume growth but also for high-specification products at the same time. The company expects this market growth trend to continue and forecasts that micro-bits will continue to drive its performance growth this year as well.
A company official said, "As the application of high-performance semiconductors for AI expands, customer requests for micro-bit volumes are increasing sharply," adding, "At present, the utilization rate remains at a high level to the point that special weekend shifts are being operated to secure production volume, and we are also preparing capacity expansion in response."
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He added, "To respond to increasing demand, we are planning to introduce new equipment in the first quarter of this year and make additional equipment investments in July," and said, "We expect that the expansion of production capacity will lead to improved profitability along with sales growth."
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